What if a single misstep in managing insurance claims could cost a company millions, shaking its financial foundation overnight? In today's high-stakes insurance landscape, executives grapple with unpredictable challenges like social inflation and inconsistent reserving practices that threaten
I’m thrilled to sit down with two pivotal figures in the UK insurance distribution sector during a time of significant transition. Chris Haggart has recently taken the helm as Group CEO of The Broker Investment Group (TBIG), bringing his extensive experience from leading Hedron Network. Joining him
Unveiling a Transformative Force in Insurance Technology In today's fast-evolving insurance landscape, where digital disruption and customer demands collide with regulatory complexities, a staggering statistic emerges: over 70% of insurers struggle to balance speed and compliance in
In a surprising turn of events, the homeowners insurance industry has managed to bolster profitability despite facing an unprecedented surge in losses from natural disasters, intensified by climate change and urban expansion into high-risk areas. As insurers grapple with staggering financial
Setting the Stage for a Digital Insurance Shift Imagine an insurance landscape where manual processes and weeks-long delays are relics of the past, replaced by instantaneous risk assessments and seamless transactions. This vision is rapidly becoming reality as the insurance technology sector
Artificial Intelligence (AI) is rapidly transforming the insurance industry, ushering in a wave of innovation that is fundamentally altering how companies operate, manage risks, and connect with customers in an era of heightened digital expectations. This technology, spanning both traditional AI